In 2023, Austria led European imports of concentrates of essential oils in fats, with Germany and France following closely. Notably, Spain and Ireland exhibited robust growth, with double-digit increases highlighting their expanding markets. Conversely, the United Kingdom saw a slight decline, and Belgium experienced a significant drop. Less mature markets such as Cyprus and Lithuania showed promising double-digit growth, indicating potential for future expansion.
Future trends to watch include the potential for growth in Eastern Europe and smaller economies, driven by increasing consumer interest in natural products. Market expansion in these regions could be accelerated by developments in trade agreements and supply chain integrations within Europe. Meanwhile, sustainability initiatives may influence sourcing practices, shaping import volumes and regulatory landscapes.
Top countries in Import of Concentrates of Essential Oils in Fats by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 5,417,200 | 2023 | +16.86% | +1.58% | View data |
| 2 | 2 Germany | 4,288,200 | 2023 | +1.73% | +2.75% | View data |
| 3 | 3 France | 3,798,900 | 2023 | +2.21% | +8.29% | View data |
| 4 | 4 United Kingdom | 3,244,000 | 2023 | +0.039% | -1.51% | View data |
| 5 | 5 Netherlands | 2,332,800 | 2023 | -0.2% | +1.78% | View data |
| 6 | 6 Spain | 2,327,800 | 2023 | +3.33% | +11.01% | View data |
| 7 | 7 Ireland | 1,492,500 | 2023 | +0.2% | +17.72% | View data |
| 8 | 8 Italy | 1,339,200 | 2023 | +4.8% | +3.86% | View data |
| 9 | 9 Poland | 862,730 | 2023 | +2.98% | +10.23% | View data |
| 10 | 10 Romania | 521,350 | 2023 | +2.2% | +0.66% | View data |
